Thursday, December 20, 2018

Lilt Ties With In-Q-Tel

San Francisco-based machine translation software developer ,a href="https://lilt.com">Lilt announced this morning that it has entered into a partnership with In-Q-Tel, the strategic investor tied with the U.S. government's intelligence agencies. According to Lilt, it will offer up its adaptive machine translation systems to enable U.S. government agencies to translate materials accurately and quickly. Financial details of the deal were not announced, however, In-Q-Tel typically makes equity investments in companies that it is working with. Lilt's other investors include Sequoia Capital, Redpoint Ventures, XSeed Capital and Zetta Venture Partners.